Category: Weekly Post

HOMEBUYERS: UNDERSTANDING CLOSING COST* #6

Non-recurring (one-time expense) Closing Cost: “WIRE TRANSFER” Fees. Wire transfers are instantaneous. As a buyer, you may be asked to wire the closing cost (minus the earnest money) to the escrow company.  A wire transfer doesn’t have to cost money.…

HOMEBUYERS: UNDERSTANDING CLOSING COST* #5

Non-recurring (one-time expense) Closing Cost: “NOTARY” Fee.  When signing loan documents, you need an authorized witness, a NOTARY. Typically, this is a buyer expense.  PREVIOUS PAGE: UNDERSTANDING CLOSING COST #4 NEXT PAGE: UNDERSTANDING CLOSING COST #6 *CLOSING COST are different…

HOMEBUYERS: UNDERSTANDING CLOSING COST* #4

Non-recurring (one-time expense) Closing Cost: “CREDIT REPORT” Fee.  Mortgage lenders usually review your credit report from all three credit bureaus and obtain scores from each. Consumers typically pay $45 to $55 for this report. PREVIOUS PAGE: UNDERSTANDING CLOSING COST #3…

HOMEBUYERS: UNDERSTANDING CLOSING COST* #3

Non-recurring (one-time expense) Closing Cost: “APPRAISAL” Fee. This fee is usually paid upfront.  The appraisal determines the value of the home.  PREVIOUS PAGE: UNDERSTANDING CLOSING COST #2 NEXT PAGE: UNDERSTANDING CLOSING COST #4 *CLOSING COST are different than your Down…

HOMEBUYERS: UNDERSTANDING CLOSING COST* #2

Non-recurring (one-time expense) Closing Cost: “ESCROW” Fees Typically, the buyer and seller split this fee 50/50. This is paid to the title/escrow company for conducting the closing. The title/escrow company oversees the closing as an independent party in your home…

HOMEBUYERS: UNDERSTANDING CLOSING COST #1

One of your fees as a buyer is “TITLE POLICY”, a Non-recurring (one-time expense) Closing Cost. “Title Insurance” protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in…

Home Prices Rising in West Coast Cities

 The best U.S. cities for home price increases are located along the West Coast. Five high real estate values are located in California. Another four are located in Washington. So where are prices at an all-time high? According to DSNews, Bellingham,…

HOW TO OVERCOME AN AGENT SATURATED AREA

Live in an REO agent saturated area? Watch the VIDEO and learn how to beat the competition. BREAKING NEWS! Nationstar is on a RAMPAGE! Nationstar will soon be the largest non-bank in the U.S. APPLY TODAY. Click link below. *CONTEST…